Question: i need to mathematically show this! no excel please! Problem 53.9 1 Using the table of the previous problem, find (a) the current price of

i need to mathematically show this! no excel please!

Problem 53.9 1 Using the table of the previous problem, find (a) the current price of a $1000 3-year bond with coupon rate 6% payable annually. (b) the annual effective yield rate for the bond if the bond is sold at a price equal to its value. Term (in Years) Spot Interest Rate 7% 8% 9%

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